Property Articles

Bringing you the latest commercial property market news from NZ Herald and TrueCommercial.

  • Hot chance in the old fire station

    Hot chance in the old fire station

    The historic Auckland building that started life in 1902 as the old Ponsonby fire station and has more recently housed a series of restaurants is for sale for the first time in 46 years.

    Date Aug 2014

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  • Warehouse of high flyer up for lease

    Warehouse of high flyer up for lease

    Hellmann's 6350sq m A-grade warehouse facility near Auckland International Airport has become available for lease as the international logistics company readies for a move into a new building nearby.

    Date Aug 2014

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  • Split-risk tenancies make mall fair bet

    Split-risk tenancies make mall fair bet

    An Otara retail building built in 1960 and subdivided into two large tenancies housing a Shop n' Save supermarket and a general retail store, with a smaller third tenancy to a BNZ ATM machine, will go under the hammer next week.

    Date Aug 2014

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  • East Tamaki landmark solid buy

    East Tamaki landmark solid buy

    A well-known office building in East Tamaki with three well-established international brand-name tenants has been placed on the market. BDO House, at 116 Harris Rd, Auckland, is for sale by deadline private treaty closing at 4pm on Wednesday August 20 through Andrew Hooper, Greg Goldfinch and Andrew Reed of Colliers International.

    Date Aug 2014

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  • High-yield Parnell investment up for grabs

    High-yield Parnell investment up for grabs

    A six-level office and retail building with 22 tenants extending over two streets on a high-profile Parnell leasehold site is for sale for $4.6 million offering about twice the average yield for the area - and with opportunity to expand.

    Date Jul 2014

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  • Office development will ease shortage

    Office development will ease shortage

    Construction will soon begin on a building at 6 Pacific Rise in Mt Wellington, just off the Southern Motorway, that will offer critically needed office space for lease in the tight city fringe market.

    Date Jul 2014

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  • Fair dinkum building opportunity

    Fair dinkum building opportunity

    Owner wants to retire, so a profitable business that includes a successful shed franchise is on the market.

    Date Jul 2014

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  • Mid-town site with many options

    Mid-town site with many options

    A big block in the central business district of the South Waikato town of Putaruru is for sale, and a proposed district plan will allow for its development. The 14ha property, listed in Bayleys' Total Property portfolio, is in the heart of the region's dairy country and in an area that a South Waikato District Council plan proposes for development of businesses and services.

    Date Jul 2014

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  • Historic house will stand test of time

    Historic house will stand test of time

    A Tauranga landmark commercial building, Rydal House, which was specifically designed and constructed for the Public Trust in 1954, is being offered for sale.

    Date Jul 2014

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  • Augusta opens door to Telecom's home

    Augusta opens door to Telecom's home

    In one of the biggest property syndications in New Zealand, Augusta Funds Management is starting a proportionate ownership scheme centred on Building C in Telecom Place in downtown Auckland.

    Date Jul 2014

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  • Wool store clipped for makeover

    Wool store clipped for makeover

    Phillimore Properties, one of the few property companies prepared to buy historic or character buildings to refurbish for another century of usage, has purchased the Textile Centre at 1 Kenwyn St, Parnell.

    Date Jul 2014

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  • Old tip site ripe for development

    Old tip site ripe for development

    Developers are expected to compete for the last big undeveloped business zoned site in the Barry's Pt area of Takapuna just over the Auckland Harbour Bridge.

    Date Jul 2014

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  • Find your garden of Eden at Cafe Paradiso

    Find your garden of Eden at Cafe Paradiso

    Cafe Paradiso, one of the Bay of Plenty's most popular hospitality businesses just 10 minutes' drive west of Tauranga on State Highway 2 has been put on the market.

    Date Jul 2014

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  • Wiri Park land ideal for heavy industry tenants

    Wiri Park land ideal for heavy industry tenants

    A Wiri industrial subdivision is being developed in South Auckland to provide leasing solutions particularly suited to companies struggling to find well-positioned premises catering for heavy manufacturing activities or which provide sufficient yard space.

    Date Jul 2014

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  • Prime Wynyard Quarter opportunity

    Prime Wynyard Quarter opportunity

    An entire city block of prime freehold land within the rapidly developing Wynyard Quarter harbour precinct has been placed on the market for sale with concept plans showing that four mixed use buildings of more than 45,000sq m could be built on the site.

    Date Jul 2014

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  • Site well situated for apartments

    Site well situated for apartments

    A building used as a licensed boarding house for up to 32 residents situated on a commercially zoned site in the Newton city fringe precinct of Auckland is being sold by auction with the potential for redevelopment once its lease finally expires.

    Date Jul 2014

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  • Three-in-one Penrose commercial building

    Three-in-one Penrose commercial building

    A high-profile corner site retail showroom, office, and light manufacturing complex in South Auckland, with parking for 15 vehicles, has been placed on the market for sale or lease.

    Date Jul 2014

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  • Wairau Valley industrial buy is a rarity

    Wairau Valley industrial buy is a rarity

    A strategically located standalone industrial building in the heart of the North Shore's busy Wairau Valley is being offered for sale as an investment property with a diversified income stream from two tenants and having the potential for a buyer to own and occupy in the future.

    Date Jul 2014

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  • Tenders Sought for Fruit, Vege, Butcher Store

    Tenders Sought for Fruit, Vege, Butcher Store

    A well-known North Shore retail property with two occupants who have entered into new 15-year leases is for tender within Bayleys' latest Total Property portfolio.

    Date Jul 2014

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  • North Shore Surgical Centre

    North Shore Surgical Centre

    A two-level medical and surgical centre for sale on Shakespeare Rd, dubbed the North Shore's "medical boulevard", should attract a wide variety of investors, including doctors.

    Date Jul 2014

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